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The Free Financial Advisor
The Free Financial Advisor
Brandon Marcus

Americans Feel Worse About Their Finances This September—Should You Postpone a Big Purchase Too?

Americans Feel Worse About Their Finances This September—Should You Postpone a Big Purchase Too?
A September survey found that 74% of Americans feel financial pressure from rising prices, but deciding whether to postpone a big purchase still depends on the household budget and the cost of waiting – Shutterstock

Americans entered September feeling less comfortable about their finances, and that mood could affect decisions about cars, appliances, travel, home projects, and other expensive purchases. A September Catawba College-YouGov survey found that 74% of Americans felt financial pressure from rising prices, while 68% said higher prices had caused them to cut back on regular purchases.

That does not automatically mean every big purchase deserves a delay. A household can feel uneasy and still have plenty of room in its budget for something it needs. The more useful question involves the purchase itself: Does waiting protect the household, or could waiting create another expense?

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